What's happening
Writing a plain-English summary… Track this bill to get it by email.
Why it matters
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Sponsors
15 Co-sponsors
History
- Referred to governmental operations
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to diversity practices; repealer
In Senate Committee · Rules · Sponsor Antoine M. Thompson
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:A9987
Title of bill
An act to amend the state finance law, in relation to diversity practices; and to amend the public authorities law, in relation to exempting public authorities and public benefit corporations from the procurement process under certain circumstances
Purpose or general idea of bill
To enhance provisions of law sot forth in Article 15-a in efforts to enhance opportunities Minority and Women- Owned Business Enterprises.
Summary of specific provisions
Adds new language to included an opera- tional definition of "diversity practices" in section 163 of New York State Finance Law, adds companion language to chapter 383 of the laws of 2000.
Justification
Studies have shown that while New York State has 8% of all women-owned business enterprises in the United States and 11% of all minority-owned business enterprises, minority and women-owned business enterprises only received 5.2% of expenditures on state contracts in 2006. In comparison to New York State, where minorities comprised 40% of the population, the State of Florida had a minority population of 38% and MMBE state contracting expenditures of approximately 25%, the State of Illinois had a minority population of 34% and MWBE state contracting expenditures of approximately 22%, and the State of Maryland had a minority population of 41% and MWSE state contracting expenditures of approximately 21%. This data shows that despite one of the largest minority populations and a twenty-two-year effort to increase opportu- nities for minority and women-owned business enterprises, Hew York State has dramatically, failed to match other states in state contracting expenditures with minority a- d women-owned business enterprises.
In addition, studies have shown that increasing state contracting oppor- tunities and increasing Capital access to underserved regions and to. underserved groups such as minority and women-owned business enterprises increases employment opportunities for members of such groups and/or individuals who live in such regions. In addition, studies have shown that increasing state contracting opportunities and increasing capital access to underserved regions and to underserved groups such as minority and women-owned business enterprises increases employment opportunities for members of such groups and/or individuals who live in such regions.
Prior legislative history
New Bill
Fiscal implications
None
Effective date
This act shall take effect immediately
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.